General Motors’ net income and operating profit sank in the first quarter because of reduced full-size pickup production, a restructuring in Korea and other costs. For the year, GM expects to lose volume of about 60,000 to 70,000 pickups.
General Motors’ net income and operating profit sank in the first quarter because of reduced full-size pickup production, a restructuring in Korea and other costs. For the year, GM expects to lose volume of about 60,000 to 70,000 pickups.